AI emerges as a top cause of layoffs, accounting for 26% of April's job cuts
- May 10
- 1 min read
CBS NEWS — Artificial intelligence is the leading reason companies cite for layoffs for the second straight month, accounting for more than one in four job cuts in April, according to a new report from outplacement firm Challenger, Gray & Christmas.
The report found 21,490 AI-related cuts last month, or 26% of the 88,387 total, marking the second straight month the technology has been the top driver of layoffs.
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